OPTEX GROUP Company Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	6,595	7,588	6,596	6,575	5,031
Depreciation & Amortization	2,123	2,052	2,015	1,862	1,681
Loss (Gain) From Sale of Assets	2	7	-8	-1	16
Loss (Gain) From Sale of Investments	-862	86	-57	52	216
Loss (Gain) on Equity Investments	-34	-3	-38	-65	-27
Other Operating Activities	560	-1,973	-2,284	-2,410	-724
Change in Accounts Receivable	374	-1,361	524	-1,407	-1,983
Change in Inventory	231	72	-4,289	-4,342	-2,542
Change in Accounts Payable	147	142	-650	325	681
Change in Other Net Operating Assets	313	1,086	304	1,080	753
Operating Cash Flow	9,449	7,696	2,113	1,669	3,102
Operating Cash Flow Growth	22.78%	264.22%	26.60%	-46.20%	-20.34%
Capital Expenditures	-3,225	-1,606	-1,155	-1,147	-930
Sale of Property, Plant & Equipment	4	9	24	15	5
Cash Acquisitions	-656	-	-21	-	-2,061
Sale (Purchase) of Intangibles	-545	-175	-181	-233	-159
Investment in Securities	653	911	546	-428	302
Other Investing Activities	-2	1	-	1,482	-
Investing Cash Flow	-3,777	-867	-782	-310	-2,845
Short-Term Debt Issued	-	78	-	-	4,476
Long-Term Debt Issued	600	-	4,800	2,100	64
Total Debt Issued	600	78	4,800	2,100	4,540
Short-Term Debt Repaid	-1,200	-	-4,005	-1,608	-
Long-Term Debt Repaid	-2,220	-1,831	-1,145	-527	-446
Total Debt Repaid	-3,420	-1,831	-5,150	-2,135	-446
Net Debt Issued (Repaid)	-2,820	-1,753	-350	-35	4,094
Repurchase of Common Stock	-	-	-	-	-1,000
Common Dividends Paid	-1,601	-1,427	-1,346	-1,171	-1,112
Other Financing Activities	-1	-647	-563	-421	-189
Financing Cash Flow	-4,422	-3,827	-2,259	-1,627	1,793
Foreign Exchange Rate Adjustments	570	944	761	435	486
Miscellaneous Cash Flow Adjustments	-2	-1	-	-1	-
Net Cash Flow	1,818	3,945	-167	166	2,536
Free Cash Flow	6,224	6,090	958	522	2,172
Free Cash Flow Growth	2.20%	535.70%	83.53%	-75.97%	-22.48%
Free Cash Flow Margin	9.45%	9.63%	1.70%	0.95%	4.74%
Free Cash Flow Per Share	173.31	169.85	26.75	14.59	59.80
Cash Interest Paid	78	67	67	54	32
Cash Income Tax Paid	2,391	1,997	2,314	2,433	878
Levered Free Cash Flow	4,290	4,481	-283.13	600.63	-663.63
Unlevered Free Cash Flow	4,340	4,524	-242.5	635	-643
Change in Working Capital	1,065	-61	-4,111	-4,344	-3,091

Source: S&P Global Market Intelligence. Standard template. Financial Sources.